UK banks can cope with no-deal Brexit and trade war – BoE

British banks hold enough capital to cope with a simultaneous disorderly no-deal Brexit and global trade war, the Bank of England said on Thursday as part of its half-yearly assessment of financial risks.
In an assessment that raised little in the way of new concerns, the BoE confirmed it would intensify its focus on risks such as illiquid investment funds, liquidity shocks, crypto-currencies and environmental dangers.
“The